Blockworks

There’s a familiar critique from the banking world: Crypto — and especially stablecoins — risks pulling deposits out of the traditional system, putting pressure on regional banks and reshaping how money moves, not necessarily for the better. But what if the answer isn’t fighting that shift, but it’s *adapting* to it? Today’s conversation was right at that intersection. The Cari Network built on ZKsync Prividium technology, is an example of a different path: tokenized bank deposits that stay on bank balance sheets, remain FDIC-insured, and operate within existing regulatory frameworks — but gain the programmability and settlement advantages of crypto rails. It’s being developed alongside major US regional banks, so this isn’t merely theoretical. It’s banks actively experimenting with how to bring deposits onchain. Are we moving toward a world where stablecoins compete with banks — or one where banks themselves become the issuers of onchain money? To unpack that, I was joined by Omar Azhar (@Ozhar) from Matter Labs (@the_matter_labs). (👆The intro, regrettably lost in the shuffle of a small technical glitch... Enjoy!)

ICYMI NEW POD: The Macro Chain Reaction of Oil Shocks We Cover: 🔸 Historical oil shocks vs today 🔸 The sequence of risks 🔸 Why the Fed can’t cut 🔸 Consumers hitting a wall 🔸 Potential dollar squeeze & more! @BobEUnlimited @fejau_inc TIMESTAMPS: 00:00 Intro 02:30 Oil Shock Challenges & Today vs 2022 10:13 Contrasting the 2008 & 1970s Oil Shocks 15:15 The Energy Shock Impact on Households 19:16 How Will Central Banks & Bonds React? 29:50 Ads (Arkham) 30:38 Oil Shock Sequence of Events 32:28 Iran War's Asymmetric Regional Impact 39:00 What Happens to Gold? 42:02 Understanding a Wartime Economy 46:36 Final Thoughts

Happening now! x.com/i/spaces/1RJjp…

Enabling A New Era For American Banking x.com/i/spaces/1RJjp…

Don't miss it! We go live at 12 ET

Open interest on Jupiter Predict closed last week at an ATH of just under 2 million contracts.

We're growing our sales team at @Blockworks 🚨 Link + details below:

Higher Hyperliquid x.com/tradexyz/statu…

LIVE TOMORROW A new era of tokenized banking has begun Join us for a conversation with @Ozhar & @yeluacaM to break it all down Sponsored by @the_matter_labs x.com/i/spaces/1rGmq…

Full dashboard below: blockworks.com/analytics/mega…

NEW: Now tracking @megaeth with a brand-new dashboard. We currently cover MegaETH's financials, onchain activity, and spot DEX activity.

NEW POD: The Macro Chain Reaction of Oil Shocks 🔸 Historical oil shocks vs today 🔸 The sequence of risks 🔸 Why the Fed can’t cut 🔸 Consumers hitting a wall 🔸 Potential dollar squeeze & more! @BobEUnlimited @fejau_inc Links Below ↓

Zcash shielded supply ended last week at an ATH of 5.15M $ZEC

Trading The $100 Oil Rally x.com/i/broadcasts/1…

Blockworks is leaning into investor relations because it's an existential challenge for the industry. The reality is that most tokens aren't investable today. Basic disclosures don't exist, data isn't standardized, and most teams don't prioritize active communication to investors. Here is a simple guide from one of our founders @MikeIppolito_ for crypto teams who want to get it right.

Over $3B of spot BTC is traded onchain weekly. Six chains account for over 97% of this volume. - Base 43% - Ethereum 13% - Arbitrum 12% - BNB 10% - HyperCore 10% - Solana 9%

The countdown is on 8 days until @blockworksDAS takes over NYC

Price and fundamentals on a single page blockworks.com/price/hyperliq…

Tokenized assets accounted for 33% of last week's volume on Hyperliquid, a new all time high These assets also make up 21% of open interest on the platform